According to Xinhua News Agency and People's Daily

  • Reported offer to cut trade surplus with US is non-existent
  • Reports to narrow trade gap are "purely a misreading"
  • China will never negotiate under conditions set by the US
  • China won't make unilateral concessions
  • Negotiations are still ongoing and "tomorrow is a crucial day"

Echoes comments by the foreign ministry here. No elaboration is given on the "tomorrow is a crucial day" part though, so we'll still have to wait and see. But it looks like the two are back at loggerheads once again with regards to trade.

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